This compound is primarily utilized in the development of organic semiconductors due to its conjugated structure, which enhances electron mobility. It is also employed in the synthesis of advanced materials for organic light-emitting diodes (OLEDs), where its properties contribute to improved efficiency and brightness. Additionally, it finds application in the creation of sensors and photodetectors, leveraging its ability to interact with light and other stimuli. In pharmaceutical research, it serves as a building block for designing molecules with potential therapeutic effects, particularly in targeting oxidative stress-related conditions. Its unique structure also makes it a candidate for use in dye-sensitized solar cells, aiding in the conversion of solar energy into electricity.